Swap BANK at the Best Rate

What is BANK?

BANK is the BEP-20 token that coordinates Lorenzo Protocol, an asset management platform on BNB Smart Chain. Lorenzo began as a Bitcoin liquidity layer built on Babylon staking, issuing the liquid tokens stBTC and enzoBTC, and in mid 2025 reorganized around a broader goal: packaging trading and yield strategies into tokenized products that wallets and payment apps can plug into.

Holding BANK is not a deposit into those products and carries no claim on the assets inside them. The token exists for governance, for protocol incentives, and for aligning the platform's users and partners with its growth.

How BANK works

The core of the platform is the Financial Abstraction Layer, the infrastructure that routes capital, tracks net asset value and settles yield across strategies that may run on-chain or with centralized trading desks. On top of it Lorenzo issues On-Chain Traded Funds, tokenized fund structures modeled on traditional ETFs: one ticker wraps a basket of strategies, and smart contracts handle issuance, redemption and accounting.

The flagship products are the USD1+ and sUSD1+ funds, which aggregate returns from real-world assets, quantitative trading and DeFi lending, with all yield settled in USD1, World Liberty Financial's dollar stablecoin. The earlier Bitcoin line remains: stBTC is a liquid token for BTC staked through Babylon, and enzoBTC is Lorenzo's wrapped bitcoin.

BANK supply and tokenomics

Supply is capped at 2.1 billion BANK, with 425.25 million tokens, 20.25 percent, circulating at launch. The token generation event on 18 April 2025 sold 42 million BANK, 2 percent of supply, through Binance Wallet and PancakeSwap, with the raise capped at $200,000 in BNB.

The remaining allocations vest over 60 months: 25 percent to staking and liquidity incentives, 25 percent to investors, 15 percent to the core team, 13 percent to ecosystem development, and smaller tranches for the treasury, advisors, exchange liquidity and marketing. Nothing allocated to the team, investors, advisors or treasury unlocked during the first year, so circulating supply keeps growing as those tranches vest.

Who builds BANK

Lorenzo is led by co-founders Matt Ye, the chief executive with a quantitative trading background, Fan Sang, the chief technology officer, and Toby Yu, the chief financial officer. The project is backed by YZi Labs and grew up inside the Binance ecosystem: its token sale ran through Binance Wallet, and Binance lists BANK.

How BANK is governed

Governance runs through veBANK, a vote-escrowed position created by locking BANK. veBANK cannot be transferred, and its weight scales with how long the lock runs, so the most committed holders carry the most influence. Votes cover product configurations, fee structures, the use of ecosystem funds and future emission schedules, and locked positions also earn boosted rewards.

BANK risks and considerations

Most of the 2.1 billion supply was still vesting through the token's first years, so unlocks keep adding to the tradable float. Some strategies inside the fund products execute off-chain with centralized trading desks, which means performance depends on managers and custodians as well as smart contracts. BANK itself carries no backing: it is a governance and incentive asset, not a share of the funds.

The BANK ticker is also crowded, since unrelated projects have used the same symbol on other networks. Verify the BNB Smart Chain contract, 0x3aee7602b612de36088f3ffed8c8f10e86ebf2bf, before trading.